this post was submitted on 03 Aug 2023
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Mildly Infuriating
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As a professional in this field, top reasons would be...
Edit: I should also point out we have about half a dozen ping-pong tables scattered around my work and our turnover figures were bang on average for annual benchmarking against the sector. I consider the average too high, though, and will be targeting better retention over this year. We'll need at least double the amount of ping-pong tables.
There’s some new research that shows raising pay is not great for retention. Studies say it’s better to take that money and put it into a long-term benefit line a pension, profit sharing, while life insurance with a cash out value, etc.
Raises and bonuses had about a 3-month effect.
That seems highly suspect.
Was this research sponsored by the association for research into golden parachuting out of a pillaged company?